This note shows an analysis of change for in-force payouts between 2025-01-01 and 2025-02-01.

Policy Tracing

The table below shows the processing statuses of all policy records within scope for this period. Note that this does not reflect the availability of any results from the prior closing position (where available).

Policy State Exited Remaining New Total
Not run 498 8,191 211 8,900
Run with failures 0 5 0 5
Run without failures 0 1,067 28 1,095
Total 498 9,263 239 10,000

Aggregate Results

The table below reflects only those records run without failures as indicated in the tracing section above. Note that all steps will be shown regardless of whether any corresponding results are available.

Step Idx Title Policy Count Total Unsmoothed Asset Share Total Smoothed Asset Share Total Surrender Benefit Total Death Benefit
0 Prior Closing NA NA NA NA NA
1 Opening Re-Run 1,067 7,598,160 7,740,214 7,817,614 9,950,850
2 Remove Exited Records 1,067 7,598,160 7,740,214 7,817,614 9,950,850
3 Restated Opening Data 1,067 7,598,163 7,740,218 7,817,616 9,950,851
4 AoC Opening Consistency Check 1,067 7,598,163 7,740,218 7,817,616 9,950,851
5 Restated Opening Adjustments 1,067 7,598,163 7,740,218 7,817,616 9,950,851
6 Restated Opening Returns 1,067 7,601,496 7,740,428 7,817,825 9,951,065
7 Restated Opening Deductions 1,067 7,033,395 7,161,948 7,233,566 9,341,988
8 Move To Closing Run Date 1,067 7,065,004 7,193,805 7,265,743 9,375,330
9 Data Roll-Forward 1,067 7,065,004 7,193,805 7,265,743 9,375,330
10 Adjustments 1,067 7,065,004 7,193,805 7,265,743 9,375,330
11 Premiums 1,067 7,066,409 7,195,212 7,267,162 9,376,696
12 Deductions 1,067 7,020,477 7,148,444 7,219,917 9,328,162
13 Mortality Charges 1,067 6,986,486 7,113,844 7,184,979 9,300,016
14 Investment Returns 1,067 7,017,888 7,144,752 7,216,202 9,332,244
15 Closing Guaranteed Death Benefit 1,067 7,017,888 7,144,752 7,216,202 9,335,297
16 Closing Death Uplift Factor 1,067 7,017,888 7,144,752 7,216,202 9,334,059
17 Closing Exit Bonus Rate 1,067 7,017,888 7,144,752 7,216,202 9,334,059
18 AoC Closing Consistency Check 1,067 7,017,888 7,144,752 7,216,202 9,334,059
19 Status Changes To Paid-Up 1,067 7,017,822 7,144,686 7,216,136 9,333,408
20 Move To Closing Data 1,067 7,017,822 7,144,686 7,216,136 9,333,408
21 Add New Records 1,095 7,206,221 7,336,540 7,409,910 9,572,644
22 Move To Closing Month-End 1,095 7,223,662 7,338,948 7,412,338 9,575,017
23 Switch To Valuation Asset Shares 1,095 7,191,331 7,368,426 7,442,108 9,605,804

Telemetry